Economic Research Forum (ERF)

In defence of regional development banks in the Covid-19 era

Ensuring that developing countries remain able to access credit markets is vital for promoting growth and recovery post-pandemic. This column ...

Productivity, global value chains and cross-industry spillovers in Turkey

Participation in global value chains is widely understood to have positive effects on firms’ productivity. Less appreciated is the significance ...

Experiencing the Iran-Iraq war: effects on later life views on defence

Iranians experienced a destructive eight-years war with Iraq between 1980 and 1988, which together with the Islamic Revolution resulted in ...

A looming oil price super cycle will likely be the last

A new oil price super cycle, an extended period during which prices exceed their long-term trend, seems to be in ...

The Lebanese tragedy: who is to blame?

The collapse of the Lebanese economy triggered vicious cycles that are spiralling out of control. As a result, there is ...

Inequality of income and education in Jordan

The global pandemic seems likely to result in greater inequality across multiple dimensions, including income, education, gender and geography. This ...

Tax policy for the post-Covid-19 era

Covid-19 offers an opportunity for developing countries to rethink their tax policy to contribute to the reconstruction effort and promote ...

Why does growth generate so few and such low-quality jobs in North Africa?

A new report examines the type and quality of jobs created in Algeria, Egypt, Sudan and Tunisia, and how they ...

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Digitalising governance in MENA: opportunities for social justice

Can digital governance promote social justice in MENA – or does it risk deepening inequality and exclusion? This column examines the evolution of digital governance in three sub-regions – Egypt, Jordan and the countries of the Gulf Cooperation Council – highlighting how data practices, transparency mechanisms and citizen trust shape the social outcomes of technological reform.

Wrong finance in a broken multilateral system: red flags from COP30-Belém

With the latest global summit on climate action recently wrapped up, ambitious COP pledges and initiatives continue to miss delivery due to inadequate commitments, weak operationalisation and unclear reporting systems. As this column reports, flows of climate finance remain skewed: loans over grants; climate mitigation more than climate adaptation; and weak accountability across mechanisms. Without grant-based finance, debt relief, climate-adjusted lending and predictable multilateral flows, implementation of promises will fail.

Why political connections are driving business confidence in MENA

This column reports the findings of a new study of how the political ties of firms in the Middle East and North Africa boost business confidence. The research suggests that this optimism is primarily driven by networked access to credit and lobbying, underscoring the need for greater transparency and institutional reform in corporate governance.

Empowering Egypt’s young people for the future of work

Egypt’s most urgent priority is creating more and better jobs for its growing youth population. This column reports on the first Development Dialogue, an ERF–World Bank joint initiative, which brought together students, scholars, policy-makers and private sector leaders at Cairo University to confront the country’s labour market challenge. The conversation explored why youth inclusion matters, what the data show and how dialogue and the forthcoming Country Economic Memorandum can inform practical pathways to accelerate job creation.

Preparing youth for the workforce of the future

As economies undergo rapid digital and green transformations, young people face a growing mismatch between their skills and what the modern labour market needs. This column argues that enabling youth to compete in the workforce of the future requires systemic reforms in education, skills formation and labour market institutions, especially in developing economies.

Connectivity and conflict: understanding the risks of inequality in the Middle East

While high inequality does not always lead to conflict, new research reported in this column shows that widespread internet access acts as a catalyst, transforming economic grievances into political instability. For policy-makers in the Middle East and North Africa, this means that as digital connectivity expands, the security costs of ignoring economic disparities rise dramatically. The combination of idle youth, high inequality and high-speed internet is a volatile mix.

The political economy of stalled structural reforms in MENA

There is a persistent pattern to the structural reforms that are required to underpin economic progress in the countries of the Middle East and North Africa: ambitious strategies are announced and partially implemented, but ultimately they are diluted or reversed. This column argues that the repeated stalling of reform is not primarily a failure of economic design. Rather, it reflects deep-seated political economy constraints rooted in rent dependence, elite bargaining and weak institutional credibility. Without addressing these underlying dynamics, reform efforts are likely to remain symbolic rather than transformative.




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